AnalysisHainan Rubber falls to loss on low rubber prices

Posted on by David Shaw

In a stock Exchange announcement, Hainan Rubber said it expects to announce an annual operating loss of RMB9850m (USD1500m) for the 12 months to December 2015, compared with a profit of RMB22.4m a year ago. The company blamed the fall in the price of rubber. Source: Stock Exchange announcement

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